Cp0x Delegate Communication Thread

[Constitutional] AIP: Constitutional Quorum Threshold Reduction


For Constitutional AIP, it is proposed to reduce the quorum from 5% to 4.5%.

The situation has developed that the number of tokens is growing more than the voting percentage
The last Constitutional vote took place only after an additional voting period (+2 days), but 243.89M out of a quorum of 210.74M voted, so the voting reserve was more than 33 million ARB

However, this decision is one of the worst that exists, since by the time this proposal is accepted, the quorum will increase even more and it will be necessary to vote for another reduction in the quorum percentage.

There are several other options, one like in Uniswap - to delegate the required number of tokens to top delegates (also a controversial decision, but at least it does not need any changes), and it can be done better than in Uniswap, namely, to delegate the required number of tokens only if the quorum has not been met.

The second solution is staking, which has not been launched for six months and which would solve the problem of apathy of ARB token owners

While the second solution takes time, the first one is easy to implement right now.


Vote: AGAINST
Platform: Snapshot